Understanding Transaction Costs
A breakdown of the costs associated with transferring funds using Yeeld
Before confirming a transfer, the Yeeld app provides a summary of all associated costs to ensure transparency. This includes:
- Exchange Rate: If the transaction involves currency conversion, the app will display the current exchange rate (e.g., 1 USD = 0.8 GBP). If no conversion is required, the rate will show as 1:1.
- Fees: Any fees associated with the transaction are clearly displayed, ensuring you are fully aware of the total cost.
Understanding these costs helps you avoid unexpected charges and ensures that you are fully informed about the details of your transaction.